Answer:
<u><em>A.</em></u>
<u><em>The loan will be set for a given range, and the bank will establish a rigid payment plan</em></u>
Explanation:
Hope this helps:)
Answer:
Skunkworks
Explanation:
The term skunkworks is mostly used in business and also the technical fields to describe a group that is within an organization that has high autonomy and have tasks that requires them to work on advanced or secret projects. They are allowed to operate outside the usual processes such that they have the freedom to come up with new ideas.
Answer:
D: Optimum Order size
Explanation:
Economic Order Quantity (EOQ) is a formula applied in logistic and supply chain management to calculate a business's ideal order size. As the name suggests, the order EOQ provides an order quantity that makes economic sense.
Economies of scale suggest that a bigger order size is better because the business will save transport costs. However, ordering in large quantities increases the cost of holding stock. The economic order quantity strikes a balance between these two important factors.
Answer:
$68,475
Explanation:
Data provided
Sales in October = $249,000
Credit percentage = 55%
Following month percentage = 50%
The calculation of accounts receivable is shown below:-
Credit sales in October = $249,000 × 55%
= $136,950
Collection collected in October
= $136,950 × 50%
= $68,475
Therefore, for computing the collection collected in October we simply multiply the credit sales in October with following month percentage.